TBA Law Blog


Posted by: Katharine Heriges on Oct 20, 2017

In a Hamblen County case involving a trust for a severely disabled child, the Tennessee Supreme Court held that Tennessee law authorized the trustee to sign an agreement requiring the trust to arbitrate claims against the broker who managed the trust funds. In a unanimous opinion, the Supreme Court reversed the court of appeals denying arbitration, and vacated the trial court’s order requiring arbitration of all of the trust beneficiary’s claims. The case was sent back to the trial court to determine which of the beneficiary’s claims had to be decided by an arbitrator.